Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Declines By 71.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 900 shares, a decline of 71.0% from the March 31st total of 3,100 shares. Based on an average trading volume of 4,100 shares, the short-interest ratio is currently 0.2 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance

Shares of NASDAQ:OXLCZ remained flat at $23.05 during mid-day trading on Thursday. The company had a trading volume of 5,270 shares, compared to its average volume of 4,698. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $21.93 and a 12 month high of $23.28. The business has a 50-day moving average of $23.12 and a 200 day moving average of $22.88.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were given a $0.3125 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.42%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

oxford lane capital corp. is a close ended fund launched and managed by oxford lane management llc. it invests in fixed income securities. the fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.